September 2013 Real Estate Sales for Austin
AUSTIN, Texas–Oct. 21, 2013 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), the volume of Austin-area home sales continued to rise in September and had the most single-family home sales for the month since 2005.
According to the report, 2,391 single-family homes were sold in the Austin area, which is 34 percent more than September 2012. On average, homes spent 44 days on the market, which is a decrease of 22 days from one year prior.
Cathy Coneway, 2013 President of the Austin Board of REALTORS® explained, “With such explosive growth in the Austin housing market, we have to plan for our community’s future needs. Proposition 1’s funding of affordable housing in Austin and Proposition 6’s funding of the state water plan are critical to maintaining the success of Austin’s housing market and our economy.”
The total dollar volume of single-family properties sold was $688,347,381, or 47 percent higher than the same month last year. The market also featured 17 percent more new listings, 12 percent fewer active listings and six percent more pending sales in September 2013 compared to the prior year.
In September 2013, the median price for Austin-area homes increased to $223,000, which is 13 percent more than the same month in 2012. Additionally, the market featured 2.7 months of inventory in September 2013, which is about 1 month less than September 2012.
Coneway concluded, “Every member of our community plays a part in ensuring the continued growth of our great city. We encourage you to go out and vote during the early voting period or on November 5 for Austin’s Proposition 1 and Texas’ Proposition 6.”
September 2013 Statistics
Blog Archive2017-07-24 07:55:09
What Does an Agent Do All Day Anyway?
Don't Be Fooled by These Three Selling Myths
Plumb Crazy - Plumbing and Foundations
Agent VS FSBO (For Sale By Owner)
How Does a Home Warranty Work?
Little things make a big impression on buyers
How to Get the Primary Residence Capital Gains Tax
U.S. News list ranks Austin best place to live in
Austin Ranked High by Tourists
What's That Gonna Cost?
SELLERS: How to Get Ready for Your Home Inspection
10 Reasons You Need an Agent
Fastest Gowing Cities in America
Housing Seasonality-How Does It Affect Buyers/Sell
3 Things to Ignore When Pricing Your Home
Texas Luxury Home Sales Report
Wonder What Your Realtor Does Behind Your Back?
6 Reasons to Contact a REALTOR in 2016
SELL IT, SANTA! Debunking 3 Myths on Holiday Home
Does a Home Warranty Cover Known Conditions?
7 Dirty Little Staging Secrets No One Tells You
BUYING A HOME: A BEGINNER'S SURVIVAL GUIDE
7 Reasons to Use a REALTOR When Selling Your Home
What Is The Biggest Reason For Mortgage Delay
Home Prices Up Again in Austin Area
Click here to see ALL articles.